Stocks and Precious Metals Charts - Silver Surprise Surge - Stock Option Expiration on Friday

It was clearly a risk-off day in the markets, with the dollar rallying, the VIX climbing, and stocks slumping, going out near their lows for the day.

The bellwether techs failed to make a higher high, and are threatening a lower low and perhaps a break to the downside.

Gold was trading weakly.

But silver popped up like a champ, taking out $23.50 and holding it.

Who would have thought that?

Let's see what the rest of the week brings.

And from the calendar at the end, we can see that it will be bringing a stock option expiration on Friday.

Have a pleasant evening.

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)